VOLUME 9 2023

September marks National Preparedness Month, dedicated to raising awareness about disaster and emergency preparedness. In this month’s newsletter, we're here to help you in safeguarding and readying your small business for any unforeseen challenges that may come your way.

With the stormy season around the corner, this is the perfect time to review our tips on making sure your personal and business assets are protected. We’ll also cover crucial accounting mistakes to avoid, what to do if you’re faced with a tax audit and provide upcoming tax deadlines. While you’re in the midst of taking care of your responsibilities, make sure to check out our healthy habit tips to also take care of your mental health. Stay prepared, protected, and informed!

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11 Accounting mistakes to avoid as a small business owner

From poor record keeping to misclassifying expenses, avoid these mistakes for better financial management.

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Tax audits demystified: how to prepare and respond as a small business

Received a tax audit? Here's what they mean and what to do if you find yourself facing one.

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Taking care of your mental health

Here are our top sleeping, eating and breathing habits for a better, healthier you.

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5 Tips to safeguard against summer storms

Stormy season is upon us. Make sure you follow these tips to protect your assets and know who to call in case of an emergency.

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Quarterly payments are due soon!

Do you have a payment coming up? The 3rd installment of 2023 estimated tax is due for individuals and Calendar-Year C Corporations. For more deadlines and reminders, check out our Tax Deadline Calendar and other resources in our Tax Hub!

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About Padgett

At PADGETT BUSINESS SERVICES®, we know the stresses of running a business can keep owners awake at night. Your business is your livelihood — and quite possibly the livelihood of your employees — so it’s no wonder it’s always on your mind. PADGETT is here to help. We offer tax, accounting, payroll and advisory services that can help your business reach new heights, allowing you to rest easy.

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ADVISORY

PADGETT BUSINESS SERVICES® is dedicated to meeting the accounting, tax, payroll, compliance and advisory needs of small businesses. This publication is intended for informational purposes only and should not be construed as tax or legal advice. Such information is by nature subject to revision and may not be the most current information available. You should seek advice from a PADGETT BUSINESS SERVICES® representative or an independent advisor before acting on any of the information contained in this document. Each office is independently owned and operated.